DBC 2508 - Current account (in Global Trade)

 

The Banking Tutor 

                       Daily Banking Concept 

No. 2508                                            27-07-2026 

Current account (in Global Trade) 

The current account records a nation’s global transactions such as imports and exports of goods and services, payments to and from investments abroad, and transfers such as foreign aid and remittances. Together the current account and the capital account make up a nation’s balance of payments.